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SpaceX loses $144 billion after being added to the Nasdaq 100 index
SpaceX's stock dropped by 6.83% after being added to the Nasdaq 100 index, leading to a loss of approximately $144 billion in its market value during its first session of trading new contracts. The company closed with a market capitalization of $1.967 trillion, amid investor concerns over its high valuation and ongoing stock price volatility since it was launched in the market last month.
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